The Oil Drum: When Does Hubbert Linearization Work?
Date: Thursday, September 29 @ 15:15:06 PDT
Topic: Production; Extraction; Exploration


An interesting question is to know when does this style of Hubbert Linearization work? The empirical answer for a small non-random sample of five countries and one state is that it always seems to work as a pretty decent rough approximation once the graph has settled down into the linear regime. If anyone wants to post, or make, or suggest I make, a few more pictures, we can take this further...



more discussion after the jump to The Oil Drum.





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